lamisil advanced por que o viagra ? azul diflucan 150mg pfizer review india alternative drugs to strattera valacyclovir hcl on best on empty or full stomach pill identifier cephalexin is generic viagra illegal in u.s. prior authorization form for viagra clostridium difficile treatment flagyl can gabapentin cause slurred speech cialis samples washington cialis makula avodart sides chemical compound of paxil accutane pills prednisone side effects after stopping use accutane bioavailability premarin cream dizziness can prednisone cause nerve pain will cialis make me harder after i cum what does street viagra look like tetracycline bacterial cell precautions when taking celexa levitra cialis of viagra glucophage xr vs redotex nf informe medico cytotec gabapentin amount significado de cipro norvasc ilacin yan etkileri what is singulair chewable tablets for viagra kopen drogist prednisone treatment hirsutism does zoloft sleepiness go away bad things about strattera penamox 500 mg caps amoxicillin lip swelling nexium ketoconazole cream hair line drug class of proventil walmart generic propecia cost teen viagra experience bcbs does not cover viagra doxycycline 100mg tooth abscess can i take 2 10mg lexapro instead of 1 20mg how long off propecia conception maxalt mlt what does mlt stand for robaxin keeps me awake efectos del sildenafil 100 low sodium diet prednisone erbil ila? kamagra upmax herbal viagra review propecia is good levitra rrp australia cephalexin and tramadol interactions mucinex d synthroid what medicine can i take with zoloft diflucan compresse candida zyprexa herzinfarkt flagyl compresse indicazioni can dogs take augmentin ear infection topamax for cyclothymia plavix cost per month uk amitriptyline ic50 source of nifedipine in ahmedabad finasteride for sale australia prospect medicament diflucan when you cum is viagra over can 5mg cialis treatment of bleeding from plavix my dog ate lexapro desogestrel minipill cena diflucan tadalafil will it work drunk does lipitor have bad side effects cipro change ownership forms bactrim ds for bug bites obat cytotec tanpa resep dokter levitra gegen viagra duloxetine online lexapro escitalopram sleep apnea para que sirve la ivermectina 0 6 proventil aerosol dosage cipro low back pain what is the typical dosage of seroquel lexapro pogorszenie lasix dose for dogs with chf can i take viagra keep hard taking lipitor fish oil difference between viagra and viagra gold weight loss with lexapro withdrawal amlodipine besylate 2mg 6 lisinopril erythromycin ratiopharm 1000 mg db lasix details zithromax threw up lexapro cost in australia indomethacin antihypertensive finasteride joint pain singulair junior dosierung bactrim birth control patch funcion del estradiol en vacas atarax na kaszel cialis after ejactulating if propecia is working for me should i use rogaine doxycycline fertility drug does cephalexin get rid of acne bipolar ii and abilify propecia drugs and skin cancer acyclovir cost no insurance debloquer un mobile orange mobicarte topiramate alcoholism treatment pra comprar viagra precisa de receita can zoloft mess with your period aldactone 25 mg posologie kamagra en viagra zyloprim dergboadre overnight bactrim dosis ponderal cephalexin for dogs buy estradiol implants south africa tetracycline zinc glucophage resistencia a la insulina hard to lose weight on lexapro runny nose and viagra switch from lexapro to wellbutrin amoxicillin dose for 9 kg baby 40 mg generic cialis maximum dose amoxicillin dosage for ear infection in infants qual remedio natural que substitui o viagra does viagra always leave a headache cytotec i slidan adalat medication pregnancy puedo usar zovirax si estoy embarazada clomid et temperature elevee tetracycline generic brand name urinary tract infection bactrim 400mg dosage is viagra legal to bring back to the uk levitra dependency ciprofloxacino y sol when antidepressants make you throw up zovirax cr?me avis enlarged liver metformin allegra chef uk el singulair produce sueno priligy wirkt seroquel manic depression can you buy zithromax from any chemist in uk ciprodex for glue ear lasix 20 mg preis clopidogrel gmbh what drugstore can i buy viagra in hong kong clomid and endometriosis what is replacement for norvasc cheap canadian viagra pills tadalafil tiempo de accion tamsulosine use for kidney stones can flagyl delay menstruation life extension magazine metformin bactrim suspension can men use flagyl for infections thuoc uong ofloxacin lisinopril hctz coughing side effects periactin pills for weight gain is it ok to drink while on diflucan viagra sildenafil dog canine lexapro teeth clenching cipro 1000mg xl best price viagra private prescription scotland 50mg can i take vitamins after synthroid nizoral ketoconazole ovules 400mg avodart 1 cp taking synthroid with metformin levitra 10 foro imported viagra ativan and cymbalta combination is it legal to buy cialis on lie in australia que contiene la aciclovir vigora 50 mg side effects femara 10 years seroquel tca can you take cialis while on ibuprofen can neurontin affect urine odor bupropion and hair loss erythromycin lexi comp is 1g of naproxen a high dose propranolol ciroza hepatica viagra pfizer direct is it safe to drink wine with bactrim acheter viagra angleterre best online viagra deals uses of augmentin antibiotics flagyl effets ind?sirables doxycycline dose for throat infection 6generic propecia effective as propecia quetiapine 25mg weight gain average cost of viagra walgreens allergia antibiotico augmentin bambini what is a safe amount of viagra per day viagra de andorra sildenafil lozenges prices cialis price comparison wordpress despre medicamentul avodart infeccion urinaria ciprofloxacina 500 mg is amoxicillin effective against cellulitis para que sirven los ovulos nizoral amoxicillin causes body aches viagra bondage femara and glucophage whats better clomid or nolva anafranil side effects mayo clinic alergia al ciprofloxacino sintomas glucophage thuoc biet duoc hcg diet while taking zoloft nursing considerations for lopressor enceinte avec clomid et progynova gabapentin for essential tremor side effects 300 mg venta de cytotec en teusaquillo levitra walmat what does prednisone do to hair cutting lisinopril does valtrex help poison ivy flomax ilaci ne ise yarar topamax fa dimagrire doxycycline tamsulosin dosage of olanzapine invega and zyprexa i take elavil 10 mg while taking prednisone 50 mg i want to buy zyprexa wafers online wellbutrin xl 150 fiyati online cialis in canada review viagra w polsce cialis dia dia synthroid causing panic attacks furosemide nanosuspension signe ovulation sous clomid valacyclovir apotex 500 prednisone 10 day dose pak albuterol inhaler india hyderabad what does the generic wellbutrin pill look like aldactone when to take zofran dosage in adults sleep issues with prednisone perangsang viagra doxycycline hyclate hong kong do men tells their wife take cialis is inderal safe for pregnant women will ketoconazole shampoo kill lice levaquin via g tube tinea versicolor treatment griseofulvin zoloft side effects in males cialis como age and desogestrel prednisone to prednisolone conversion chart costa allegra tuz usos del medicamento furosemide glaxosmithkline amoxil prescribing information sheet does erythromycin interfere with birth control clomid multiple ovulation is it safe to take 20mgs of cialis daily cipro lawsuit north carolina cost of daily acyclovir at walgreens amoxicillin cns penetration why is my period so late on clomid where to buy cialis daily tabs does amitriptyline help joint pain cymbalta time take effect keflex and mirena bula levitra old celebrex 200 mg contraindications augmentin tooth infection dose metformin cramps and diarrhea tetracycline kviser predisone and cialis clomid challenge test alcohol crushing cialis pills is erythromycin good for kidney infection viagra side effects liver disease cual mejor viagra bioavailability of ondansetron viagra that can be paid for using pay pal what is the side effect of prednisone clomid swollen ankles viagra 30 lu can 5mg lexapro work on anxiety depression celebrex regimen glucophage dergboadre uses sertraline ranbaxy lasix dose bun can i take lamisil with fluoxetine viagra sheffield does azithromycin help sinus infections the use of ciprofloxacin augmentin the drug xenical reviews singapore forum women viagra wiki propranolol rat pk prednisone retinal detachment sintomas de gravidez para quem tomou clomid zofran ems dosage cialis 5 mg ahumada why does prednisone make dogs pee accutane causes sensitive skin ivermectin and pyrantel pamoate amoxicillin how long till it works efectos del sildenafil en el cuerpo humano can i buy viagra over the counter in tenerife levitra dolor de espalda can abilify raise your blood pressure 50 or 100 mg clomid nizoral every propecia .5 mg daily tamoxifen usual dosage how long dos generic viagra last tetracycline hydrochloride pill taking keflex for a uti augmentin w tabletkach directions for clomiphene citrate new celexa user side effects ciprofloxacin hydrochloride monohydrate solubility celebrex anticoagulant anafranil et pamplemousse is aripiprazole addictive best place to order viagra esomeprazole best taken 120 mg of cymbalta sertraline hydrochloride long term side effects does albuterol get old anticoncepcional que tem acetato de ciproterona keflex pregnancy side effects gabapentin drug induced lupus iv furosemide fourth stronger than oral puedo tomar alli y doxycycline hyclate kamagra in singapore amlodipine besylate hygroscopic prozac and cymbalta combination azithromycin for bacterial vag farmacia neuquen que vendan clomid compare augmentin azithromycin lexapro price usa lisinopril stay out sun celebrex patent life estradiol level during ivf cycle wellbutrin weight loss time cymbalta how to take it tendonitis from levaquin treatment ofloxacin inoflex 200mg side effects albuterol indications side effects switching celexa lexapro singulair to prevent capsular contracture tratamiento de herpes genital aciclovir lopressor 100 mg posologie proper clomid dosage pct does sildenafil safe with aspirin doxycycline puppy tandarts adalat seroquel quetiapina fumarato professor pasquale cipro neto crase walgreens ca doxycycline without prescription quanto custa o medicamento singulair baby what is generic wellbutrin xl called oxytetracycline and benzoyl peroxide viagra natural brasil paxil long term use side effects plavix antithrombotic levaquin is bad atarax plus imovane how does tamoxifen affect menstrual cycle nolvadex po omce versed and phenergan cialis dose for large men mobic effets secondaires abilify? aripiprazole wiki allegra d corticoides quit topamax cold turkey allopurinol bactrim meloxicam arrow a alkohol butalbital topiramate interactions prednisone b5 robaxin commercial venta de cytotec costa rica adalat withdrawal getting your doctor to prescribe cialis prednisone side effects tingling does meloxicam get u high isotretinoin baownbeuv side effects doxycycline low white blood count estradiol common dosage metformin bdc celecoxib p53 zovirax u?uk kremi fiyatlari clomiphene varicocele regular cycle on clomid atorvastatin as good as lipitor prednisone dose 50 mg for bronchitis metabolic pathway of amoxicillin terbinafine hcl tinea versicolor lexapro cmi im 18 and took viagra does prednisone make dogs throw up dad takes viagra forced to fuck daughter kamagra 100mg oral jelly price in india rupees paxil and prilosec interaction propranolol indian manufacturers prednisone side effects knees tamoxifen bei ovarial ca when to take amoxicillin 250mg valtrex and iui furosemide cytochrome p450 amoxil brands viagra mit hausmitteln how long do i have to take tamoxifen bactrim ds uti single dose metformin apoteket on zoloft and still depressed cephalexin uses uti methocarbamol help with pain levitra if women takes it placental transfer of aripiprazole que mal faz o viagra disulfiram piwo how many 5mg lexapro till overdose viagra astana viagra commercials with president viagra auf bali kaufen can i mix advil and tetracycline 14 metronidazole 200mg ampicillin gut microbiota comprar xenical farmacia andorra liraglutide orlistat cuanto cuesta zyprexa amoxil dosage for uri fimea pharmaceuticals cialis cialis jalisco dostinex e concepimento harga ciprobay metronidazole absorption time amoxil 12h 875 dostinex and libido amoxicillin and ibuprofen drug interaction doxycycline actavis diaper 100 mg gabapentin risk pregnancy bought yellow flagyl pills online amoxil 500 capsulas elavil side effects heart donde comprar viagra o cialis metronidazole and lexapro not losing weight with metformin lisinopril and crestor iv diflucan for thrush bactrim dosage cost buspar quick acting hydrochlorothiazide smiles 2.5mg cialis daily got me hard viagra in saudia arabia metoclopramide escitalopram interaction tui allegra rhein linezolid api does amlodipine cause dry skin can you take 200 mg doxycycline ciprodex oral suspension how to take viagra under tongue is late ovulation common with clomid black box warning cipro orlistat side effects treatment doxycycline moa donde puedo conseguir las pastillas cytotec en el df wellbutrin coke bupropion bijwerkingen viagra buitenland cialis strengt doxycycline hyclate for hpv ciprofloxacin not working for walking pneumonia ampicillin guercmorteo dosage spironolactone acne fda heart medications lisinopril what does benazepril 20 mg look like metronidazole cream in florida buy amoxil daily dose precio de dostinex en ecuador buy finasteride 5 mg online order strattera no prescription for mye zoloft cytotec be missed abortion buy levitra in toronto zithromax compared to levaquin how to tell real levitra from fake how to write a prescription of lisinopril prednisone use for fibromyalgia cialis professional next day delivery what happens if someone under 18 takes viagra zyprexa long term effects aciclovir crema para q sirve dazzle tadalafil clomid ovulation process does olanzapine and alcohol cause brain damage decrease celexa dose spironolactone assistance program valtrex faa approved cipro for uti 10 days abilify maintena in canada cipro and flagyl for pid ciprofloxacin solutie auriculara


Back Home Next

Many people believe that “usury” is the practice of charging interest on a loan. Because the Catholic Church has condemned usury and now supposedly permits and benefits from this practice, anti-Catholics argue that the Church has contradicted her own teaching. If the Church has contradicted her own definitive teaching, she cannot be infallible.

The problem with the anti-Catholic argument is that the Church has never defined usury as “taking interest on a loan.” Instead, the Fifth Lateran Council (1515) defines usury as follows:

“For that is the real meaning of usury: when, from its use, a thing which produces nothing is applied to the acquiring of gain and profit without any work, any expense or any risk” (Session X).

Thus, usury is not “charging interest on a loan.” Usury is profiting from something which produces nothing, without any effort. Depending on the circumstances, this could apply to money, bushels of wheat, widgets or other goods. To better understand the Church’s teaching on usury as it relates to money, we must understand how money was viewed and functioned before we had competitive markets.

In the economies of antiquity, there was little or no opportunity to invest money to make a return. Money was used for private, not commercial exchanges. Accordingly, using Aristotelian terminology, money was considered “barren.” That is, money had no inherent value while idle. It could only be consumed or hoarded.  

Of course, the nature of money has changed over the centuries. In today’s global economy of competitive markets, money is no longer “barren.” To the contrary, money is “fruitful” because there are many opportunities to invest money to make a return. Thus, a transaction that would have been usurious in the past would not necessarily be usurious today. Because money in today’s economy is “fruitful,” the act of loaning money in such an economy at interest is not usurious (since money has value even when idle).

Pope Benedict addressed this in his encyclical Vix Pervenit (November 1, 1745):

“…entirely just and legitimate reasons arise to demand something over and above the amount due on the contract. Nor is it denied that it is very often possible for someone, by means of contracts differing entirely from loans, to spend and invest money legitimately either to provide oneself with an annual income or to engage in legitimate trade and business. For these types of contracts honest gain may be made.”

In short, the Church’s teaching on usury has not changed, but the nature of money has changed. Unlike in the past, money in modern times has a use beyond being consumed or hoarded. It can now be invested to yield a return. Since money has value even when idle, it may be morally permissible to charge interest for its use.

Nevertheless, it may still be usurious to charge interest for the use of money in certain circumstances (e.g., exorbitant interest rates; exchanges in third-world economies where money is barren; when the rich take advantage of the poor; etc.) If a person engages in a usurious transaction, that person falls within the Church’s condemnations. The Catholic Church still, and always will, condemn usury because usury is contrary to the divine and natural law.

The Scriptures

The Old Testament provides many injunctions against charging interest on loans (see, for example, Lev. 25:26-27; Deut. 23:19-20; Neh. 5:7,10; Isaiah 24:2; Jer. 15:10; Ezek. 18:8,13). There are a couple of things to note when reading these passages.

First, these prohibitions were aimed at the rich who would take advantage of the poor. Remember that, in Old Testament times, only the very affluent had money of any significance. The rich had little use for their money unless they consumed it (that is, they “spent” it in exchange for goods or services). If they didn’t spend it, they had to hoard it, which meant they had no current use for the money.

Since their money was “barren,” (it had no value while idle), it would be immoral for them to lend it out at interest when they had no use for it in the first place. They would be reaping gain with no effort, at the expense of someone else. This, as the Church teaches, is the definition of “usury.”

The following Scriptures prohibit usury:

Exodus 22:25 – “If thou lend money to any of my people that is poor by thee, thou shalt not be to him as an usurer, neither shalt thou lay upon him usury.”

Psalm 15:5 – “He that putteth not out his money to usury, nor taketh reward against the innocent. He that doeth these things shall never be moved.”

Proverbs 28:8 – “He that by usury and unjust gain increaseth his substance, he shall gather it for him that will pity the poor.”

Ezekiel 18:17- “That hath taken off his hand from the poor, that hath not received usury nor increase, hath executed my judgments, hath walked in my statutes; he shall not die for the iniquity of his father, he shall surely live.”

Ezekiel 22:12 – “In thee have they taken gifts to shed blood; thou hast taken usury and increase, and thou hast greedily gained of thy neighbours by extortion, and hast forgotten me, saith the Lord GOD.”

As we can see, these prohibitions concerned taking advantage of the “poor” and the “innocent” by “greed” and “extortion.” But this does not mean that God mandated a blanket prohibition on lending money at interest.

For example, God permits charging interest on a loan in Deuteronomy 23:20: “To a foreigner you may lend upon interest, but to your brother you shall not lend upon interest; that the Lord your God may bless you in all that you undertake in the land which you are entering to take possession of it.”

While God forbids the Israelites from charging each other interest to encourage charity among them, God allows the Israelites to charge interest to foreigners. Since money was barren, charging interest would only be licit if it were charged in consideration for the risk of lending the money. Because the Israelites were lending money to “foreigners,” there was a greater risk that the money would not be repaid. Consequently, God allowed them to charge interest for that risk, not for the purpose of making a return for the sake of the return itself.

Second, we must remember that we are no longer legally bound to the edicts of the Old Testament. The New Testament has completely revoked the legal, moral and ceremonial laws of the Old Covenant, including the legal prohibitions against usury (2 Cor. 3:14; Heb. 7:18; 8:7; 10:9).  We only obey the godly principles of the Old Covenant, which have been extracted and incorporated into the New Covenant.

Jesus explains this in His Sermon on the Mount. In Matthew 5, Jesus says, “You have heard that it was said that you shall not kill (v.21), you shall not commit adultery (v.27), you shall procure a bill of divorce (v.31), you shall not swear falsely (v.33), you shall take an eye for an eye (v.38), and hate your enemy (v.43). When Jesus says “You have heard it said,” He is referring to the laws of the Old Covenant.

Then Jesus says, “But I say to you, you shall not even be angry with your brother (v.22), look lustfully at a woman (v.28), get divorced (v.32), swear at all (v.34), not be vengeful (v.39), and love your enemies (v.44). When Jesus says “But I say to you,” Jesus is indicating that there is now a change. Jesus is teaching that we are no longer under the legal statutes of the Old Covenant. But we must obey their principles. That is, we must obey the original intent of the Old Covenant laws, which was to move men to love God and their neighbors as themselves.

This applies to the lending of money. While the Old Covenant had legal prohibitions on lending money, the New Covenant goes to the very heart of the matter: treating others as we would want to be treated. Jesus sums it up this way: “Give to him who begs from you, and do not refuse him who would borrow from you” (Matt. 5:42). Jesus’ statement on borrowing is sandwiched in between his other teachings about how the New Covenant has set aside the laws of the Old Covenant. The spirit of the New Covenant is charity, even to the point of sacrifice. As Christians, we are to give to others freely, for “God loves a cheerful giver” (2 Cor. 9:7). This is the essence of loving God and neighbor.

However, as in the Old Testament, Jesus never mandates a general prohibition against charging interest on a loan. In fact, Jesus actually endorses the practice in His parable of the servants and talents. Jesus, who is the Master in the parable, declares to the servant who failed to use His talents: “You wicked and slothful servant! You knew that I reap where I have not sowed, and gather where I have not winnowed? Then you ought to have invested my money with the bankers, and at my coming I should have received what was my own with interest” (Matt. 25:27; Luke 19:23).

Since Jesus condemns the servant for failing to invest His money to make interest, the charging/earning of interest cannot be an intrinsically evil practice. Jesus would not chastise His servant for failing to do evil. Thus, we can conclude from both the Old and New Testament Scriptures that it is morally licit to charge a reasonable rate of return on a loan under the right circumstances. As we have seen, since money in our modern markets is “fruitful” (that is, money can be productive even when idle) it is morally permissible to charge/earn interest on money (which is NOT “usury”). This is the teaching of Sacred Scripture and the Holy Catholic Church.



Copyright 2001 - 2007 © by John Salza. All Rights Reserved.